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DOI10.1016/j.enpol.2022.113162
Is energy efficiency a robust driver for the new normal development model? A Granger causality analysis
Panait, Mirela; Apostu, Simona Andreea; Vasile, Valentina; Vasile, Razvan
发表日期2022
ISSN0301-4215
EISSN1873-6777
卷号169页码:16
英文摘要The article analyzes the causal relationship between energy efficiency, calculated as a ratio between GDP/capita and PPP and CO2 emissions (tons/capita), and a range of economic and social variables that outline the per-formance of development. The analysis focuses on the European space and database is covering the last three decades. The results show that at the level of European countries, for the period 1990-2018, energy efficiency presents no causality with HDI, or trade openness, instead there is a bidirectional causality with FDI and a unidirectional causality with globalization index and share of renewable energy. By associating these results with national energy transition strategies and policy measures that promote energy efficiency, we conduct a contrastive analysis of national policy measures and differences, recommending a reconsideration of priorities in national policies on sustainable development by achieving the objectives of the SDGs and enhancing energy independence by increasing investment in renewable energy. Overall, this paper argues that energy efficiency should be the main driver for future economic development. Moreover, the role of energy independence based on investments in renewable energy is not only a factor in ensuring the sustainability of future economic growth, but also a factor in national security.
英文关键词Inclusive energy transition; Energy efficiency; Granger causality; Cluster analysis
学科领域Economics; Energy & Fuels; Environmental Sciences; Environmental Studies
语种英语
WOS研究方向Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
WOS记录号WOS:000855683300002
来源期刊ENERGY POLICY
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/272250
作者单位Oil & Gas University of Ploiesti; Bucharest University of Economic Studies; National Institute for Economic Research Costin C. Kiritescu
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GB/T 7714
Panait, Mirela,Apostu, Simona Andreea,Vasile, Valentina,et al. Is energy efficiency a robust driver for the new normal development model? A Granger causality analysis[J],2022,169:16.
APA Panait, Mirela,Apostu, Simona Andreea,Vasile, Valentina,&Vasile, Razvan.(2022).Is energy efficiency a robust driver for the new normal development model? A Granger causality analysis.ENERGY POLICY,169,16.
MLA Panait, Mirela,et al."Is energy efficiency a robust driver for the new normal development model? A Granger causality analysis".ENERGY POLICY 169(2022):16.
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